Description
High Occupancy Office Investment of 19 Units First Time On The Market: Strong Tenant base with stable professional and essential business Tenants including home healthcare, hospice care, accounting firms, Topo's restaurant, Chiropractor, and more. The sale consists of five parcels conveniently located at the CA-60 Fwy and Central Ave. off-ramp in the beautiful office park known as the El Central Plaza which is built in stylish Spanish architecture. The El Central Plaza has low association fees that include parking lot cleanup and trash removal. Elevator access is available. Most Tenants pay own utilities except water and sewer. The El Central Plaza has an abundant parking area with shared parking throughout the office park. At a total square footage of approx. 16,800 (+/-) sf on approx. 20,400 (+/-)s.f. , this makes this investment property one of the largest single owner owned properties within the EL Central Plaza. Only 2 vacancies currently totaling 1,250 (+/-)s.f. Current undermarket rents offer an opportunity to increase rental income dramatically. Property Taxes estimated based on sales price. Please do not disturb Tenants. Please send a request for financials and rent roll.
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0BEDS
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0.47ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
High Occupancy Office Investment of 19 Units First Time On The Market: Strong Tenant base with stable professional and essential business Tenants including home healthcare, hospice care, accounting firms, Topo's restaurant, Chiropractor, and more. The sale consists of five parcels conveniently located at the CA-60 Fwy and Central Ave. off-ramp in the beautiful office park known as the El Central Plaza which is built in stylish Spanish architecture. The El Central Plaza has low association fees that include parking lot cleanup and trash removal. Elevator access is available. Most Tenants pay own utilities except water and sewer. The El Central Plaza has an abundant parking area with shared parking throughout the office park. At a total square footage of approx. 16,800 (+/-) sf on approx. 20,400 (+/-)s.f. , this makes this investment property one of the largest single owner owned properties within the EL Central Plaza. Only 2 vacancies currently totaling 1,250 (+/-)s.f. Current undermarket rents offer an opportunity to increase rental income dramatically. Property Taxes estimated based on sales price. Please do not disturb Tenants. Please send a request for financials and rent roll.
Based on information from California Regional Multiple Listing Service, Inc. as of 2023-03-31T15:34:05.683. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.